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Not only do they not want to about their credit card debt.
Jones is president of the Association of Independent Consumer Credit Counseling Agencies (AICCCA).
"When people see their finances going down, can't pay their mortgage or lost their jobs or been demoted, there is a sense of personal failure." Talking points Poll participants were asked the following question: "Sometimes when people first meet, they're comfortable talking openly about some topics but not others.
I'm going to ask your opinion about a series of topics.
"There is some evidence out there that people who get advice from others on their finances end up doing better," he says.
You don't broadcast it Lynnette Khalfani-Cox recalls being 0,000 in debt in 2001. I certainly didn't tell my family and friends," she says.
His findings: Most people underreport the level of credit card debt they are carrying by two to three times the amount.
Zinman says a study shows there may be very real consequences for some people who keep silent about their financial difficulties.It's like men being unwilling to ask for directions and women being completely comfortable in doing so." Carrying credit card balances The poll also found that nearly a third (35 percent) of Americans say they carry a balance on their credit cards.That's below the numbers reported in studies by the Federal Reserve, and actual data released by the credit card issuers themselves. A Credit poll found that eight out of 10 Americans are unlikely to talk openly about their level of credit card debt with someone they just met. A new Credit poll shows eight out of 10 adults are reluctant to talk openly about the amount of credit card debt they're carrying with someone they just met.The margin of error for the full sample is plus or minus 3 percentage points.